Net profit of Jindal Drilling & Industries declined 3.66% to Rs 9.48 crore in the quarter ended June 2016 as against Rs 9.84 crore during the previous quarter ended June 2015. Sales rose 11.24% to Rs 92.66 crore in the quarter ended June 2016 as against Rs 83.30 crore during the previous quarter ended June 2015.

Particulars

Quarter Ended

n++

Jun. 2016

Jun. 2015

% Var.

Sales

92.66

83.30

11

OPM %

9.89

12.74

-

PBDT

14.55

18.68

-22

PBT

12.09

15.01

-19

NP

9.48

9.84

-4

Powered by Capital Market - Live News

Trilogic Digital Media to hold AGM

Oct 03,2016

Trilogic Digital Media announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

Powered by Capital Market - Live News

Associated Stone Industries (Kotah) to hold board meeting

Oct 03,2016

Associated Stone Industries (Kotah) will hold a meeting of the Board of Directors of the Company on 1 October 2016.

Powered by Capital Market - Live News

Integrated Capital Services to hold board meeting

Oct 03,2016

Integrated Capital Services will hold a meeting of the Board of Directors of the Company on 14 October 2016 to consider and approve un-audited financial results of the Company for the quarter and half year ended September 30, 2016.

Powered by Capital Market - Live News

Learning Edge Academy of Profess. to hold AGM

Oct 03,2016

Learning Edge Academy of Profess. announced that the 7th Annual General Meeting(AGM) of the company on 30 September 2016.

Powered by Capital Market - Live News

Hawa Engineers to hold AGM

Oct 03,2016

Hawa Engineers announced that the 23th Annual General Meeting(AGM) of the company on 30 September 2016.

Powered by Capital Market - Live News

Hardcastle & Waud Mfg Co to hold AGM

Oct 03,2016

Hardcastle & Waud Mfg Co announced that the 70th Annual General Meeting(AGM) of the company on 30 September 2016.

Powered by Capital Market - Live News

Advance Lifestyles to hold AGM

Oct 03,2016

Advance Lifestyles announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

Powered by Capital Market - Live News

White Hall Commercial Company to hold AGM

Oct 03,2016

White Hall Commercial Company announced that the th Annual General Meeting(AGM) of the company on 30 September 2016.

Powered by Capital Market - Live News

Chokhani International to hold AGM

Oct 03,2016

Chokhani International announced that the 36th Annual General Meeting(AGM) of the company on 30 September 2016.

Powered by Capital Market - Live News

Shree Rajasthan Syntex to hold board meeting

Oct 03,2016

Shree Rajasthan Syntex will hold a meeting of the Board of Directors of the Company on 10 October 2016.

Powered by Capital Market - Live News

Shrenuj & Company to hold board meeting

Oct 03,2016

Shrenuj & Company will hold a meeting of the Board of Directors of the Company on 1 October 2016.

Powered by Capital Market - Live News

Coal India gains after decent production figures

Oct 03,2016

The announcement was made on Saturday, 1 October 2016.

Meanwhile, the BSE Sensex was up 377.58 points, or 1.35%, to 28,243.54

On BSE, so far 1.69 lakh shares were traded in the counter, compared with average daily volume of 3.95 lakh shares in the past one quarter. The stock hit a high of Rs 328.80 and a low of Rs 322.15 so far during the day. The stock hit a 52-week high of Rs 349.85 on 17 August 2016. The stock hit a 52-week low of Rs 272.05 on 12 April 2016. The stock had underperformed the market over the past 30 days till 30 September 2016, sliding 4.59% compared with 1.96% decline in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 4.01% as against Sensexs 2.66% rise.

The large-cap company has equity capital of Rs 6,316.36 crore. Face value per share is Rs 10.

Coal India and its subsidiaries achieved 88% of targeted offtake at 37.74 million tonnes in September 2016.

State-run Coal India is Indias biggest coal miner. The Government of India currently holds 79.65% stake in Coal India (as per the shareholding pattern as on 30 June 2016).

Powered by Capital Market - Live News

Kotak Mahindra Bank inches up after acquiring BSS Microfinance

Oct 03,2016

The announcement was made after market hours on Friday, 30 September 2016.

Meanwhile, the S&P BSE Sensex was up 384.46 points or 1.38% at 28,250.42.

On BSE, so far 1.01 lakh shares were traded in the counter as against average daily volume of 1.59 lakh shares in the past one quarter. The stock hit a high of Rs 793.20 and a low of Rs 784 so far during the day. The stock had hit a record high of Rs 825.60 on 9 September 2016. The stock had hit a 52-week low of Rs 586.50 on 29 February 2016. The stock had outperformed the market over the past one month till 30 September 2016, sliding 0.87% compared with 1.68% fall in the Sensex. The scrip had, however, underperformed the market in past one quarter, gaining 2.05% as against Sensexs 3.21% rise.

Kotak Mahindra Bank announced that it has executed binding share purchase agreement to acquire 99.49% of equity shares of BSS Microfinance (BSS), a non-banking finance company (NBFC), from existing shareholders subject to regulatory and other approvals, including Reserve Bank of India.

BSS has a commercially established model in the microfinance segment and this acquisition gives Kotak access to BSS growing customer base which currently stands at over 2.17 lakh and network of 78 branches as of 30 June 2016.

As of 30 June 2016, BSS has a networth of about Rs 73 crore and microfinance loans of Rs 483 crore in its books. It will be a subsidiary of Kotak after receiving regulatory and other approvals.

Kotak Mahindra Banks net profit rose 291% to Rs 741.97 crore on 11.7% growth in total income to Rs 5120.03 crore in Q1 June 2016 over Q1 June 2015.

Kotak Mahindra Bank is one of the leading private sector banks in India.

Powered by Capital Market - Live News

Rural Electrification Corporation announces change in directorate

Oct 03,2016

Rural Electrification Corporation announced that the Ministry of Power (MoP), Government of India, vide Order dated 29 November 2011 had appointed Rajeev Sharma as Chairman and Managing Director of REC for a period of 5 years or until further orders, whichever is earliest. Further, MoP, vide Order dated 18 May 2016 had conveyed the appointment of Rajeev Sharma as CMD of Power Finance Corporation (PFC) w.e.f. 01 October 2016. Accordingly, Rajeev Sharma has relinquished the charge of CMD, REC to join PFC & ceased to be CMD of REC w.e.f. 01 October 2016.

Further, the Ministry of Power, Government of India vide its Order dated 30 September 2016, has assigned the additional charge of the post of Chairman and Managing Director, REC to B. P. Pandey (IAS - UK: 1983), Special Secretary in the Ministry of Power, Government of India w.e.f. 01 October 2016 for the period of 3 months i.e. 01 October 2016 to 31 December 2016 or until further orders, whichever is earlier.

Powered by Capital Market - Live News

APL Apollo Tubes appoints director

Oct 03,2016

APL Apollo Tubes has appointed Sharad Mahendra as Director - Sales & Marketing w.e.f. 27 September 2016 for achieving the new heights of product reach in global market.